Information Provided By:
Fly News Breaks for February 4, 2016
LB
Feb 4, 2016 | 14:53 EDT
Morgan Stanley analyst Kimberly Greenberger said L Brands' preannounced Q4 earnings and revenue look "impressive" in light of the many significant sales and EPS misses reported by other retailers. Greenberger, who notes that the company has a "pattern of conservatism in guidance," expects the company's initial FY16 EPS outlook, to be issued with its Q4 report on February 24, to likely be conservative as well. Greenberger said L Brands is still a top Overweight idea and recommends using today's pullback as a buying opportunity.
News For LB From the Last 2 Days
There are no results for your query LB